Investing, Stock Market and Retirement Planning Thread

[dodint]

NOK fell through support at open and I stopped out. These small, **** stocks sure are fun. Only lost $7 on it, though.

*edit* I didn't actually stop out, I had an overriding sell order at a higher price that canceled it out. Nice.

[willeyeam]

not a good week for my stonks

[NTP66]

not a good week for my stonks

I have made $.03 in Robinhood this week.

[willeyeam]

might be the only person ever to be down money on apple. and Morgan Stanley just had to come out with that $18 target on Lordstown Motors

[MrKennethTKangaroo]

Not gonna hate on ulfster for betting on lordstown motors because of the regional ties to the plant

but i'm surprised the target price for that thing isn't $0 and 0 cents.

[willeyeam]

There were some rumblings around town that they'd replace the USPS fleet so it was worth a little bet

[Pavel Bure]

Sell order didn’t trigger for ftft. Sad panda feels. Had it set for $10.31, but it only hit that for a couple mins.

[mac5155]

LOL i know right.

[willeyeam]

I'm glad I bought fubo this AM

[Dickie Dunn]

I got in around $44. Not great timing but I think it’s gonna rocket.

[willeyeam]

Same I'm in at 43.80. I feel better knowing DD endorses

[count2infinity]

Like a phoenix, ZOM shall rise from the ashes of Dodints across the world....

I sold yesterday and bought back in this morning.

[Dickie Dunn]

20 cents higher than my stop loss but still 40 cents off my purchase price. ZOM can **** off.

Also, I think I’m gonna take out a second mortgage and just put all that money in Bitcoin.

[count2infinity]

20 cents higher than my stop loss but still 40 cents off my purchase price. ZOM can **** off.

Also, I think I’m gonna take out a second mortgage and just put all that money in Bitcoin.

So you can get 3 coins?

[Pavel Bure]

Deepfvckingvalue’s statement to congress about GameStop

https://docs.house.gov/meetings/BA/BA00 ... 210218.pdf

[NTP66]

In short, I like the stock.

It’s almost low enough for me to buy back in.

[mac5155]

Thanks for sharing. Good read.

Millionaires at 20 a share? What'd he dump into it, I wonder.

[mikey]

Like $100k or something...it's evident in the screenshots as I recall...

[Dickie Dunn]

Thanks for sharing. Good read.

Millionaires at 20 a share? What'd he dump into it, I wonder.

This was the oldest update of his I could find (in this thread).



When at $20, 50,000 @ 14.8947 would profit $255,265. 1,000 $12 calls with a cost of $0.40 and an average share price of $12.40, profiting $760,000. Grand total of $1,015,265.

I know he had the calls for a while and $0.40 a contract costs him an (comparatively) inconsequential $400 if OTM. The 50,000 shares has me intrigued though. That’s an almost 745k investment. Dude had money from somewhere else to make that kind of purchase.

[King Colby]

That was awesome. **** these people, DFV is king

[mikey]

I think he took out a loan...

[Dickie Dunn]

I think he took out a loan...

That’s some brass balls

[Dickie Dunn]

Went back through his post history on Reddit. His initial position appears to be 1,000 calls for January 15, 2021 with a strike price of $8 and a contract cost of $0.53. That alone would net a $1.15MM profit if he held on... which I’m not sure he did. His initial share position was 10,000 @ 4.11, which means he added 40,000 at some point during the pump to increase the average share price so significantly. Regardless, he’s now rich.

It was enjoyable to go back as recently as October and see people busting his balls over the investment. Early days people were ruthless.

[Dickie Dunn]

Post shitty December earnings report. Probably the best snapshot pre-insanity.

[MalkinIsMyHomeboy]

might be the only person ever to be down money on apple. and Morgan Stanley just had to come out with that $18 target on Lordstown Motors

A few years ago I got in in Apple at 114ish. After a few months went down to 90. I was pissed but bought the dip. Went up to 500 or whatever until the split

Sucks but you just gotta forget you even have it